Tuesday, March 05, 2024
Outlook India
Outlook Business

Jack Ma

Each newly created entity will be responsible for its performance and able to pursue initial public offerings when ready

For over two decades, Alibaba Group’s Jack Ma had the global business world eating out of his hands till he ran afoul of Chinese authorities. Will ceding control of Ant Group pour oil on these troubled waters?

The administrative changes may affect the company's public listing plans